This site aims to inform readers on the Shipping Industry with emphasis on Ship Chartering, Sale and Purchase of Vessels, Bunker Cost for Ship Owners, Ship Brokers, Charterers and Traders as well as the Baltic Index

WASHINGTON, July 8 (Xinhua) -- The Chinese economy is projected to grow 7.5 percent and 8.5 percent in 2009 and 2010 respectively, both are one percentage point higher than projected in April, according to the International Monetary Fund on Wednesday.